$TAO at $223 is sitting at a pretty interesting crossroads.

Every rally has been met with selling pressure.

Every lower high has kept the downtrend alive.

But there's something the bears should be watching.

Price keeps returning to the same support area without completely breaking down.

And now weekly RSI is back near the buy zone.

If buyers defend $200 and $TAO breaks above that descending trendline, things could change quickly.

$500 is the first big test.

$800–1,000? That's my aggressive bull case.

Everyone wants to buy a breakout.

I'm more interested in what happens right before one.